Consumers and Direct Platforms - UK - August 2013

Consumers and Direct Platforms - UK - August 2013

Direct DIY platforms are popular amongst consumers who have an interest in finance and confidence in making financial decisions. For less confident consumers direct discretionary platforms could solve their investment needs.

TABLE OF CONTENT

Introduction

Abbreviations

Executive Summary

Consumers and the appetite for direct platforms

Figure 1: Attitudes towards financial advice, June 2013

Market factors

Consumers still feeling the effects of the financial crisis

Strong performance of financial markets has made equities attractive to consumers

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